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Dumb Question: What could have made Frist think he could get away

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Seansky Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-28-05 11:47 PM
Original message
Dumb Question: What could have made Frist think he could get away
with selling the stocks? SEC has been really tough on several cases. Could he have something on somebody powerful enough for him to think he had it covered? Or was just really cocky and dumb?
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Erika Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-28-05 11:50 PM
Response to Original message
1. The corporation was family owned
and as Pat Buchanan said insider trading was more than likely. The Republicans have been extremely cocky and arrogant.
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napi21 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-28-05 11:51 PM
Response to Original message
2. People who are in power think they can get away with anything.
I suspect he still thinks this will all go away. I've witnessed a number of these kind of insider trading investigations. They're very hard to prove, but this one looks really bad because it was his whole family that also sold the stock. One person might be able to say they just sold it for a purpose, but the whole family is a really tough sell...even to an idiot!
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alittlelark Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-28-05 11:52 PM
Response to Original message
3. They think the cloud of 9-11 has wafted them into immunity
They have become cocky and CARELESS.... oh, and GREEDY.
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mcctatas Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-28-05 11:53 PM
Response to Original message
4. Because they have god on their side silly...
and apparently she got sick of their bullshit and decided to smite them:evilgrin:
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Seansky Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-28-05 11:54 PM
Response to Reply #4
5. funny
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johnnypneumatic Donating Member (461 posts) Send PM | Profile | Ignore Wed Sep-28-05 11:56 PM
Response to Original message
6. these guys have been getting away with horrendous crimes
for years and no one has come after them. Frist could hardly expect something as innocuous as insider trading to pull him down, in the same way that Al Capone, who for saturday night entertainment would murder someone with a baseball bat to the head, would never expect to go to jail for income tax evasion...
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hvn_nbr_2 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-29-05 12:10 AM
Response to Reply #6
12. Exactly. They own all the regulatory apparatus.
The real question would be if he thought he couldn't get away with it, why in the world would he think that?
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moondust Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-28-05 11:57 PM
Response to Original message
7. Well...
with all the underhanded stuff that Republicans DO get away with--up to and including an illegal, unnecessary war costing thousands and thousands of people their lives and limbs and billions and billions of tax dollars--it isn't too hard to imagine that some of them may have actually convinced themselves that they are untouchable no matter what. They control the gov't and lots of money. What they can't use "the system" to destroy they can probably buy.
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RUMMYisFROSTED Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-28-05 11:58 PM
Response to Original message
8. A friendly media.
Unfortunately, they're bought, but not completely paid for.

Yet.
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kestrel91316 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-29-05 12:00 AM
Response to Original message
9. It's called "hubris".
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SammyBlue Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-29-05 12:04 AM
Response to Original message
10. Crass, unmitigated chutzpah
nothing more.
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johnaries Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-29-05 12:06 AM
Response to Original message
11. I'm glad you admitted that it was a dumb question, because
the keyword in your question was "think". "What could have made Frist THINK...".

I'm ashamed to say that Frist is a Senator from my state - but I can tell you that he stopped "thinking" a long time ago.

Actually, there was a time when he wasn't that bad. But, after Bush promised him to address AIDS in Africa if Frist would just drink the pretty colored water in the glass - well, Frist just went totally insane after that.

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Tsiyu Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-29-05 12:13 AM
Response to Original message
13. I learned this lesson about republicans from Newt Gingrich and Limbaugh
You just give them enough rope, they will hang themselves.

They honestly believe they have some Divine Annointing and that no matter what they do, they will never face responsibility or punishment.

They begin to believe their own propaganda.

That's always the beginning of the end for them, it seems.
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Seansky Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-29-05 12:18 AM
Response to Reply #13
14. then the end is already here, the end has started yeeehhhh
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Tsiyu Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-29-05 12:46 AM
Response to Reply #14
16. Let's freakin' hope so
I've had enough of the hell that is the Repuke version of America
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FloridaPat Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-29-05 12:39 AM
Response to Original message
15. * got away with it and he;s Frists' boss.
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soothsayer Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-29-05 08:45 AM
Response to Reply #15
19. bingo! cat killer musta' watched Moore's film
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Historic NY Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-29-05 01:00 AM
Response to Original message
17. His goose is cooked once the blind trust records are subpoena...
the SEC changed their inquiry to a full investigation. They will have a lots of questions to ask Frist and the managers of his blind trust. The funny thing is he shouldn't even know if he still had stock in the company, since the trust is supposed to divest owned stock. He seemed to know, he still held considerable stock which is against the rules.
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chalky Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-29-05 01:11 AM
Response to Original message
18. Lack of conscience and a belief that everyone around them isn't
smart enough to catch them.

Coincidentally, it's the same "logic" that compels a sociopath to escalate from torturing small animals to stalking humans.
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EST Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-29-05 09:01 AM
Response to Original message
20. He probably just realized that it had to be done now, so that it
Edited on Thu Sep-29-05 09:02 AM by EST
would be old news when he runs for president. I have done enough reading of right wing web sites to realize that their urge to gang up around and protect their own, whether on the idea of "may be a crook but our crook (ala Saddam Hussein)," or "our worst is better than their best" is the driving factor is debatable.
I shudder to think of this as a common human malady, affecting all, no matter the shape of their consciences. These people do not see their struggle as a battle for the leadership within the mafia, but as war between good and evil, with themselves on the side of good. If the right wing has its way, Frist will be considered squeaky clean within six months.
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radwriter0555 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-29-05 09:05 AM
Response to Original message
21. What makes you think he won't? He'll be exhonerated by the SEC just like
george was.

Republicans don't *go* to jail.

For reference, see "Ken Lay..."
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Seansky Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-29-05 12:29 PM
Response to Reply #21
25. man, will that piss off lots of others that didn't get away with and those
of us who got screwed by insiders....
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radwriter0555 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-29-05 02:59 PM
Response to Reply #25
28. ken lay ring a bell? or bush? the GOP gets away with what they want to...
after all, they're the GOP.
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i_c_a_White_Ghost Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-29-05 09:09 AM
Response to Original message
22. Though you can't lock up these guys
& though they are reprehensible, their own cronyism is dragging them through the mud.
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librechik Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-29-05 09:13 AM
Response to Original message
23. silly, it was a blind trust, he didn't know!
yeah, right...
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Seansky Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-29-05 12:30 PM
Response to Reply #23
26. ha, ha, forgot how bling the trust was.
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LynneSin Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-29-05 09:14 AM
Response to Original message
24. He's republican - they all think they can get away with it
But they aren't anymore
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BuyingThyme Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-29-05 12:31 PM
Response to Original message
27. Any news on the Frist front today?
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